Robinhood doesn't like us? We'll start out own.
Reddit doesn't like us? Let's just kickstart and crowd-source another.
This idea that the common man needs to be protected from himself is paternalistic and condescending. Private equity is the means of collective action and the rich people don't want us to organize without their blessings.
Technically the JOBS act is supposed to allow this (crowdfunding). May not be as easy as buying stock but at least it's legal now.
There's Ruqqus which is already a working alternative to reddit. However, what I found going there is that there are a lot of anti-left memes being shared. Some amount of toxicity. I'm all for freedom of speech, but I wish the platform was a bit less political, a more neutral alternative to reddit... but hey, if enough people leave reddit, maybe it will become just that.
https://ruqqus.com/+Commentary/post/74iv/lol-you-thought-tha...
This is probably because reddit is quite clearly a left-leaning platform. Due to the lack of healthy balance, the refugees from reddit are mostly people who feel their views and voices are being silenced by aggressive moderation. In my opinion this state of affairs is only reddit's fault.
Not enough liquidity. WSB has very little to do with long term investing. It's just about using the stock market as a casino.
Then payment processors ban you. Then you start your own visa. Let's start our own visa. Banks ban you. Let's start our own bank. Your hosting service bans you. Host your own. Your ISP bans you. Start your own ISP. Other ISPs don't peer with you. Start your own internet. Then the feds shut down your bank.
The answer to censorship is not "start your own".
That’s a pretty long-term bet, though, and I don’t think WSB is usually into those.
By the way, the Reddit WSB "shutdown" was done by mod admins to clean up the page a bit. It was private for an hour or two and back up.
Interesting word choice. Conservative wording of "common man", but liberal wording of "paternalistic". I don't mind the former but I do wonder how a father would be more inclined to protect a child from itself than a mother; if anything, I would find maternalistic a more fitting descriptor.